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0.5¢ freehill mining limited.

Ann: Yerbas Buenas Sales Accelerating, page-8

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lordaga

705 Posts.

318

03/07/24

02:20

Post #: 74578186
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Originally posted by BurningCash: ↑

So last quarter we used 420k for admin, staff and mining.
I have taken away the 800k for the new plant that we bought.
So as our revenue increases we need to be doing 200k per month to be close to 200k profit for a quarter. That would be 2.5m for the year revenue.
I would love to see us doing around 300k a month to allow a decent profit margin of close to 450k a quarter to start to allow freehill to do more exploration or even secure equipment so we can start to produce higher grade ore for another revenue stream.
If we can hit 300k a month that would be 3.5m a year, that's still small but a giant leap from last year's suspension and an excellent position into a time of unprofitable stocks.

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Well, I'm not privy to the actual amounts but whatever it is must be better than zero, wouldn't you agree?

FHS Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $15.39M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.5¢	$1.528K	300K

Buyers (Bids)

No.	Vol.	Price($)
6	3394601	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	5000196	3

View Market Depth

No.	Vol.	Price($)
6	3394601	0.005
5	2700248	0.004
5	3800002	0.003
4	2400499	0.002
2	3200000	0.001

Price($)	Vol.	No.
0.006	5000196	3
0.007	3949802	7
0.008	876543	1
0.010	1979423	2
0.011	90999	2

Last trade - 16.10pm 03/10/2024 (20 minute delay)

FHS (ASX) Chart